Chiliez has finally broken through the critical resistance. After four consecutive retests of the $0.050 level over the past year, the price just closed above it decisively. This marks a significant shift in market structure.
The accumulation phase appears to be complete. What makes this breakout notable is the repeated rejection and recovery pattern—each retest provided another opportunity for smart money to accumulate before the eventual thrust higher.
If momentum holds, the next major resistance cluster sits around $0.14. That would represent approximately a 180% rally from current breakout levels. Technical confluence at that zone includes previous swing highs and declining resistance from the long-term chart.
Traders are watching whether this breakout sustains above $0.050 or if we see a retest of this newly-flipped support. Volume confirmation during the move will be crucial for validating the strength of this shift.
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AirdropHuntress
· 4h ago
Wait, only breaking through after four tests? Looks like a typical market maker's accumulation tactic... Need to keep an eye on these wallet addresses and see if they're unloading at high levels. The target of 0.14 sounds nice, but historical data shows that projects like this often start to reverse after breaking through.
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StakeOrRegret
· 4h ago
It's the same old trick again, breaking through after four tests? Smart money has already jumped in.
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BankruptWorker
· 4h ago
Finally, the moment has arrived. Four tests were not in vain.
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FOMOSapien
· 4h ago
Finally waiting for this moment, the breakthrough after four tests is indeed different
Brothers, don't rush to get on board. Has the volume confirmed? That's the key
The target of 0.14 sounds great, but I want to see if we can hold at 0.050
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MeaninglessApe
· 5h ago
Ha, four times and still not broken, this time finally living up to expectations
Wait, is this what they call "smart money" repeatedly accumulating? I feel like this is just cutting the leeks...
Can it really reach 0.14? I'm a bit skeptical
If you ask me, the key is whether the trading volume can keep up, otherwise this breakdown is just like a paper tiger
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AirdropChaser
· 5h ago
It took four tests to break through, and this time it's really quite fierce.
This move definitely has smart money lurking, a 180% increase sounds a bit unbelievable...
Volume is the key; breakouts without volume are all fake.
Can it hold steady at 0.05? That's the real question.
Finally moving, after holding back for over a year, it's really frustrating.
Chiliez has finally broken through the critical resistance. After four consecutive retests of the $0.050 level over the past year, the price just closed above it decisively. This marks a significant shift in market structure.
The accumulation phase appears to be complete. What makes this breakout notable is the repeated rejection and recovery pattern—each retest provided another opportunity for smart money to accumulate before the eventual thrust higher.
If momentum holds, the next major resistance cluster sits around $0.14. That would represent approximately a 180% rally from current breakout levels. Technical confluence at that zone includes previous swing highs and declining resistance from the long-term chart.
Traders are watching whether this breakout sustains above $0.050 or if we see a retest of this newly-flipped support. Volume confirmation during the move will be crucial for validating the strength of this shift.